Coca‑Cola HBC, a leading bottler of The Coca-Cola Company, has bought Bambi for €260m. Bambi, established in 1967, is Serbia's leading regional confectionery business, manufacturing a range of products including biscuits, wafers and savoury snacks. In 2018, Bambi recorded revenue of...
Tesco have almost doubled it dividend to 5.77p per share, a huge 92.3% increase from the previous year. The increase comes after it reported full year pre-tax profits of £1.7bn, a 28% increase from last year, with revenue rising by 11% to £63.9 billion.
Underlying profit before tax increased by 10 per cent to £141.6 million Statutory profit before tax increased to £127.2 million, Underlying total income increased by 5 per cent to £343.0 million Virgin Money have reported a 10 per cent increase in underlying profits for the half year to 30...
Debenhams has reported a dramatic drop in pre tax profit of 85% for the six month period to 3 March 2018 to £13.5m. The retailer has blamed a mixture of a change in shopping habits of its customers and the extreme weather brough about by the 'beast from the...
Smith & Nephew plc, the global medical technology business, has agreed to buy Osiris Therapeutics, Inc. for approximately $660 million. Osiris Therapeutics, based in Maryland, USA, researches, develops and manufactures regenerative medicine products. It has achieved commercial success with products in orthopedics, sports medicine...
Smith & Nephew PLC (LON:SN) has bought Ceterix Orthopaedics for $50 million, with a further $55 million over the next five years, based on performance. Ceterix Orthopaedics is the developer of the NovoStitch® Pro Meniscal Repair System, a unique device allowing surgeons to repair...
Zoopla, owned by ZPG Plc, has agreed to a proposed takeover by US private equity firm Silverlake for £2.2 billion. ZPG, which was founded in 2007, owns and operates some of the UK's most recognised digital brands including Zoopla, uSwitch, Money.co.uk, PrimeLocation and SmartNewHomes. The ZPG Directors intend to recommend unanimously...
National Express has bought a 60% stake in US firm WeDriveU for $84.3 million. WeDriveU provides employee shuttle services to many of the largest Fortune 500 companies in Silicon Valley and the broader San Francisco Bay Area. It also has a presence in...
Tesco have announced plans to form a long-term 'strategic alliance' with French company Carrefour. Carrefour is one of the largest hypermarket chains in the world, operating 12,300 stores across 30 countries and employs almost 375,000 people worldwide.. @Tesco and @CarrefourGroup to create long-term strategic alliance: https://t.co/lC3FDYkVBE — Tesco News (@tesconews) July 2,...
Royal Bank of Scotland (RBS) profits have more than doubled in 2018 to £1.62 billion, an increase of £870 million from last year, with a pre-tax profit of £3.36 billion. It represents a massive turnaround for RBS since the £45.5bn Government bailout in 2008....
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